We are thrilled to announce that Armswissbank and the European Investment Bank (EIB) has signed Technical Assistance Agreement in the scope of the EIB Greening Financial Systems Technical Assistance Program.

The overall objective of this TA assignment is to provide technical support to ArmSwissBank to enhance its climate risk management practices against the best international standards. In particular, the TA is to support the Bank in building up internal processes, procedures, and policies across the core IFRS S2 components and embed climate risks and opportunities within Bank’s strategy, governance, risk management, metrics, targets, and disclosure.

The TA program is great opportunity for Armswissbank to assessing climate risks and opportunities and setting up robust climate transition plan framework.